Peel opts to cap 30 year extension with £50m tap
GlobalCapital, is part of the Delinian Group, DELINIAN (GLOBALCAPITAL) LIMITED, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 15236213
Copyright © DELINIAN (GLOBALCAPITAL) LIMITED and its affiliated companies 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Corporate Bonds

Peel opts to cap 30 year extension with £50m tap

Peel Land & Property finished the negotiated liability management exercise it began last month, adding £50m to its outstanding £200m debenture on Wednesday. Originally due April 2011, the domestic bond has been extended to 2040, while the coupon has been cut to 8.375% from 9.875%.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login
Gift this article